September 2026
Original scientific article
DYNAMIC PANEL INVESTIGATION OF CORPORATE CASH HOLDINGS AND THEIR FINANCIAL OPERATIONAL AND GOVERNANCE DETERMINANTS IN VIETNAMESE RETAIL FIRMS
The study seeks to identify the joint effect of financial, operating, and governance features on the cash levels of retail firms listed in Vietnam. Instead of viewing the cash policy as a one-time decision that determines the cash balance, we model the cash level as a dynamic process where the current level is a function of past periods' cash level...
By Hien Nguyen Thi Bao, Sang Ha Van, Hoa Pham Thi Thanh